Scenius Capital, led by Ben Jacobs, reportedly completed a $20 million funding round to invest in emerging crypto venture funds. However, the absence of confirming evidence raises concerns among potential investors.
Lack of Confirmation for Funding
According to a report by Blockworks, Scenius Capital allegedly completed a $20 million fundraising round. However, the lack of evidence from primary sources raises questions about the legitimacy and transparency of this funding.
General Ambiguity in the Crypto Community
Reports of this funding round remain uncorroborated by primary evidence, leading to skepticism among the crypto community and stakeholders. Ben Jacobs reportedly stated, "We’ve just closed a slightly oversubscribed $20M raise to back emerging crypto venture managers," but the citation is missing from public sources.
Risks of Lack of Information
Major crypto venture funds frequently announce multi-million-dollar raises, in contrast to the dubious claims from Scenius. Market data regarding Ethereum also highlights potential risks for investors, emphasizing the need for caution amidst a lack of detailed information.
Unverified claims about funding remain a topic of discussion, underlining the importance of information verification and a cautious approach to investments in the cryptocurrency domain.
